Trade Anthropic
before the IPO.

Get exposure to the world’s top private companies before they go public — frontier labs to AI defense. 24/7 on Aerodrome, settled in USDC.

5companies
$937Bcombined valuation
Basevia Aerodrome
24/7on-chain trading
the companies

Five names defining the AI era.

Frontier labs to AI defense — tradable today, long before the IPO.

Anthropic
ANTHROPIC · Artificial Intelligence
$612.80
7.8% · 30d
Trade ANTHROPIC
OpenAI
OPENAI · Artificial Intelligence
$1,022.40
4.2% · 30d
Trade OPENAI
Project Prometheus
PROMETHEUS · Artificial Intelligence
$18.45
2.1% · 30d
Trade PROMETHEUS
Anduril
ANDURIL · AI Defense
$78.92
5.5% · 30d
Trade ANDURIL
Saronic
SARONIC · AI Defense
$42.10
12.3% · 30d
Trade SARONIC
questions

How it works.

What is PreIPO?

PreIPO is the pre-IPO market for AI companies. Each PreIPO token tracks the per-share value of a single private AI company — from frontier labs like Anthropic and OpenAI to AI defense companies like Anduril and Saronic.

Tokens trade freely 24/7 on Aerodrome on Base, priced in USDC.

Which companies are available?

Anthropic, OpenAI, Project Prometheus, Anduril, and Saronic. All five are private AI companies — frontier labs and AI defense.

Do I own shares of these companies?

No. PreIPO tokens provide economic exposure only. They confer no ownership, voting, dividend, information, or other legal rights in any referenced company, and the referenced companies are not affiliated with PreIPO in any way.

What exactly does one token represent?

One token is a contractual promise tied to one share of the referenced company: after the company completes an IPO and the standard post-IPO lockup period (typically about six months) expires, each token becomes redeemable for the then-current dollar value of one share, paid in USDC.

Read the full FAQ